NOT LISTED FOR SALE

Estimated Value: $666,000 - $816,000

-- Bed
-- Bath
2,292 Sq Ft
$315/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $440,000 $192 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,437/month

About This Home

As of August 2021

Handyman Special! This New York City Boater's Paradise is just a short distance from Rockaway Beach and a Ferry Ride away from Downtown Brooklyn and Manhattan. Picture yourself living on a beautiful waterfront property with direct views of the Manhattan skyline and much more. Imagine a place where you can go fishing and enjoy watersports in the morning, go to the beach in the afternoon and catch the ferry to Manhattan for a night out. This home was recently upgraded with a brand new bulkhead, dock, and hydraulic boat lift. With a deep canal on Jamaica Bay this property allows for multiple watercrafts to be docked simultaneously. The house is conveniently gutted so you can customize your own dream waterfront home Pre-existing separate entrances currently access each floor. Centrally located within a 5-minute drive or 15-minute bike ride to Rockaway Beach where you can surf, enjoy the lively beach community, or catch the Rockaway Ferry for a night on the town in Manhattan or Downtown Brooklyn. Close to the Jamaica Bay Wildlife Refuge and Bird Sanctuary, the only wildlife refuge in the National Park System. 5-minutes to the A-train where you can ride one stop to the Airtrain to JFK Airport. A few blocks from the express bus to Manhattan. Who knew you could have this life in NYC! Please note, this property is in need of complete and major renovation. Perfect opportunity to design your dream waterfront home!

Last Agent to Sell the Property

Thomas O'Reilly

MadisonEstates Sothebys Realty Listed on: 03/31/2021

MadisonEstates Sothebys Realty

Last Buyer's Agent

Thomas O'Reilly

MadisonEstates Sothebys Realty Listed on: 03/31/2021

MadisonEstates Sothebys Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,645

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 168 x 29
  • Property is zoned R3-2

Interior Spaces

  • 2-Story Property

Parking

  • 2 Parking Spaces
  • Private Driveway

Listing and Financial Details

  • Tax Block 15308

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,645

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Basement Amenities: Other
  • Borough: Queens
  • Building Footprint Sq Ft: 1040
  • Building Length: 65.00
  • Building Width: 16.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: W 8th Road
  • Cross Street Name2: Cross Bay Blvd
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Other
  • Negotiate Thru: Broker
  • Number Of Families: 1
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Rooms Total Level1: 1
  • Building Stories: 2
  • Street Name I D X: Shad Creek
  • Street Number I D X: 721
  • Building Style: Duplex
  • Year Built: 1930
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Other
  • Room Count: 1

Exterior Features

  • Yard: Other
  • Exterior Building Type: Detached
  • Exterior: Other
  • Foundation Details: Other
  • Lot Number: 42
  • Roof: Other

Utilities

  • Air Conditioning Units: 0
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 168
  • Lot Size Width: 29
  • Zoning: R3-2

Tax Info

  • Flip Tax Amount: 3645.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Aug 5, 2021
Sold by
Ott Deborah A and Ott Timothy
Bought by
Psb Ny Holdings Llc
Seller's Agent
Thomas O'Reilly
MadisonEstates Sothebys Realty
Buyer's Agent
Thomas O'Reilly
MadisonEstates Sothebys Realty
Sold Price
$440,000
Total Days on Market
0
Current Estimated Value
$723,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,012
Avg. Annual Appreciation
13.10%
Original Mortgage
$352,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2005
Sold by
James Christopher and James Jeffrey H
Bought by
Ott Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Psb Ny Holdings Llc $440,000 --
Ott Timothy $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Psb Ny Holdings Llc $352,000
Previous Owner Psb Ny Holdings Llc $135,000
Previous Owner Ott Timothy $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $440,000 -- $192 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,540 $22,602 $5,370 $17,232
2023 $4,503 $22,422 $5,274 $17,148
2022 $4,283 $43,980 $11,220 $32,760
2021 $4,319 $43,440 $11,220 $32,220
2020 $4,162 $47,760 $11,220 $36,540
2019 $3,940 $47,160 $11,220 $35,940
2018 $3,809 $18,685 $6,318 $12,367
2017 $3,645 $17,880 $5,384 $12,496
2016 $3,419 $17,880 $5,384 $12,496
2015 $2,034 $16,387 $8,217 $8,170
2014 $2,034 $15,696 $7,871 $7,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 449658

Brooklyn Board of REALTORS®

APN: 15308-0042